taxes Property Tax Assistance

2018 ISD Summary Worksheet

234-Van Zandt

234-905/Martins Mill ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 28,250,180 N/A 28,250,180 28,250,180
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 1,049,920 N/A 1,049,920 1,049,920
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,259,490 N/A 4,259,490 4,259,490
D2. REAL PROP:FARM & RANCH 2,033,090 N/A 2,033,090 2,033,090
E. REAL PROP NONQUAL ACREAGE 85,427,350 N/A 85,427,350 85,427,350
F1. COMMERCIAL REAL 2,995,470 N/A 2,995,470 2,995,470
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 260,394 N/A 260,394 260,394
J. UTILITIES 6,516,898 N/A 6,516,898 6,516,898
L1. COMMERCIAL PERSONAL 766,360 N/A 766,360 766,360
L2. INDUSTRIAL PERSONAL 399,666 N/A 399,666 399,666
M. MOBILE HOMES 1,554,170 N/A 1,554,170 1,554,170
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 133,512,988 0 133,512,988 133,512,988
Less Total Deductions 23,740,148 0 23,740,148 23,740,148
Total Taxable Value 109,772,840 0 109,772,840 109,772,840

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
114,193,346 109,772,840 114,193,346 109,772,840


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,420,506 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
114,193,346 109,772,840 114,193,346 109,772,840

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction


T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

234-905-02/Martins Mill ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 28,250,180 N/A 28,250,180 28,250,180
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 1,049,920 N/A 1,049,920 1,049,920
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,259,490 N/A 4,259,490 4,259,490
D2. REAL PROP:FARM & RANCH 2,033,090 N/A 2,033,090 2,033,090
E. REAL PROP NONQUAL ACREAGE 85,427,350 N/A 85,427,350 85,427,350
F1. COMMERCIAL REAL 2,995,470 N/A 2,995,470 2,995,470
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 260,394 N/A 260,394 260,394
J. UTILITIES 6,516,898 N/A 6,516,898 6,516,898
L1. COMMERCIAL PERSONAL 766,360 N/A 766,360 766,360
L2. INDUSTRIAL PERSONAL 399,666 N/A 399,666 399,666
M. MOBILE HOMES 1,554,170 N/A 1,554,170 1,554,170
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 133,512,988 133,512,988 133,512,988
Less Total Deductions 23,740,148 23,740,148 23,740,148
Total Taxable Value 109,772,840 109,772,840 109,772,840

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
114,193,346 109,772,840 114,193,346 109,772,840


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,420,506 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
114,193,346 109,772,840 114,193,346 109,772,840

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption